SpaceCurve, a Seattle-based company specialising in big data, has secured USD10m in a funding round led by Triage Ventures. SpaceCurve, which launched in 2009, analyses big data sets in order to analyse and supply users with location, social and timeline data. SpaceCurve will use the new funding to target potential customers in industries such as mobile and energy.
“In the rapidly changing and highly competitive big data market, SpaceCurve has shown an amazing ability to excite customers who are pushing the current limits of big data technologies and looking to build new applications and services to disrupt markets,” said Doug Derwin, managing director of Triage Ventures. “We are happy to lead this new round to help SpaceCurve rapidly meet new customer demands that its next-generation platform promises.”
Barclays has signed contracts with six of the fintech startups that just graduated from its second New York accelerator programme.
Company card killer Pleo has raised $3m in new funding as it prepares for public launch in the UK and Denmark.
Cheques are become less and less common in the UK according to new research from global market research firm Mintel which claims contactless card use has overtaken cheque payments in the UK for the first time.
Payments for digital and physical goods made mobile operating system-based payments platforms like Apple Pay and Android Pay are expected to boom in the next few years according to new analysis from Juniper.